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Goodwin (FRA:GDW) Total Inventories : €54.6 Mil (As of Apr. 2024)


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What is Goodwin Total Inventories?

Goodwin's total inventories for the quarter that ended in Apr. 2024 was €54.6 Mil. Goodwin's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Apr. 2024 was €55.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Goodwin's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was €-13.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Goodwin's Days Inventory for the six months ended in Apr. 2024 was 207.22.

Inventory Turnover measures how fast the company turns over its inventory within a year. Goodwin's Inventory Turnover for the quarter that ended in Apr. 2024 was 0.88.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Goodwin's Inventory-to-Revenue for the quarter that ended in Apr. 2024 was 0.51.


Goodwin Total Inventories Historical Data

The historical data trend for Goodwin's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Goodwin Total Inventories Chart

Goodwin Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.30 40.00 48.35 54.46 54.60

Goodwin Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 48.35 49.86 54.46 56.33 54.60

Goodwin Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Goodwin  (FRA:GDW) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Goodwin's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

Net-Net Working Capital Per Share (Q: Apr. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(37.468+0.75 * 30.753+0.5 * 54.601-183.808
-0-5.096)/7.5096
=-13.46

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Goodwin's Days Inventory for the six months ended in Apr. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=55.4655/48.849*365 / 2
=207.22

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

Goodwin's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2024 ) / Average Total Inventories (Q: Apr. 2024 )
=48.849 / 55.4655
=0.88

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Goodwin's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=55.4655 / 109.267
=0.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Goodwin Total Inventories Related Terms

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Goodwin Business Description

Traded in Other Exchanges
Address
Ivy House Foundry, Hanley, Stoke-on-Trent, Staffordshire, GBR, ST1 3NR
Goodwin PLC is a mechanical component manufacturing company. Its operating segments are the Mechanical Engineering segment which includes casting, valve, antenna, and pump manufacturer and general engineering, and the Refractory Engineering segment which consists of powder manufacture and mineral processing. The company generates the majority of its revenue from the Mechanical Engineering segment. Geographically, the company generates maximum revenue from the United Kingdom and also has its presence in Europe, the United States of America, Pacific Basin, and the rest of the world.

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